eternumviti
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“No strategic planning by U.K. Government to make Brexit a success” . The Hitachi train factory created in Durham, to build trains for Europe will now only service U.K. demand- the site will not reach its planned capacity as Italy will take over production for the European market.
https://www.theguardian.com/politic...st-chamber-of-commerce?CMP=Share_iOSApp_Other
A letter to Boris Johnson sent a fortnight ago by James Ramsbotham called on the prime minister to save the north-east from the “damage being done to our economy” by Brexitand urged him to give it his “most urgent and personal attention”. Two weeks later, it remains unanswered.
Ramsbotham is the chief executive of the North East England Chamber of Commerce and speaks for thousands of businesses caught by the red tape and extra costs of complying with EU rules. In a recent survey, 38% of members said sales to Europe had fallen since January.
Whilst I submit to the wider points on the suppression of exports to the EU following Brexit, I've had some difficulty with the Hitachi comments, which the Guardian led with despite that fact that it only comprises a tail-end comment in the piece.
Hitachi actually acquired its 'new' factory in Italy in 2015, so before the referendum, and did so by its acquisition of the existing facilities of AnsaldoBreda in Pistoia. According to all the Hitachi publicity that I can find, the factory in Newton Aycliffe was set up to fulfill the contract for the replacement of the old Intercity 125 stock. There has been a small contract to supply vehicles for a new Metro line in Milan, but the assembly plant is actually running at beyond capacity with its UK mainline contracts, with some locomotives for the UK actually being assembled in Pistoia.
The existing contracts run until 2023. Hitachi is a global company bidding for and carrying out contracts to supply locomotives and stock to railway systems across the world, including, extensively, the US.